NK Industries Limited — Board Meeting, 08-08-2025: Outcome of Board Meeting
08-08-2025 | 04:56 pm
08-08-2025 | 04:56 pm
N.K. Industries' board has approved the consolidated financial results for the quarter ended June 30, 2025. The company reported a consolidated loss of approximately ₹0.69 Cr, with total income at ₹3.92 Cr. Auditors highlighted significant accumulated losses of about ₹354.91 Cr and negative net worth, along with ongoing legal proceedings (NSEL, PMLA) impacting liabilities. Despite these challenges, management expresses confidence in business revival. Additionally, Mr. Snehal Patel was re-appointed as an Independent Director for a second 5-year term, pending shareholder approval.
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